Archive for December 26th, 2009

Professor John Langbein Discusses the Modern Trust as a Will Substitute (2009-12-26)

Legal scholar John Langbein addresses a question that has been on my mind – When did trust agreements evolve from classic fiduciary relationships into will substitutes? The answer is – a long time ago.  Explains Prof. Langbein, “Trust law is an ancient field.  The enforcement of trusts in the English court of Chancery can be […]